CIS export billet prices continued to climb in the week ended Monday May 21 despite mixed market sentiment, with several bookings reported done at higher prices.
Metal Bulletin's CIS billet export index was $524 per tonne fob Black Sea on May 21, compared with $520 per tonne fob a week ago.Starting from May 21, Metal Bulletin will increase the publishing frequency of its CIS billet export index from weekly to daily.Recent bookings were mainly heard within the range of $520-525 per tonne fob Black Sea.In particular, a cargo of CIS-origin billet was booked for Egypt at the end...